tired of dealers not respecting collectible Values

whent by a coin shop the other day and was offered 48 dollars for 2 satin proof 1922 peace dollars
these babies are purdy.. whats your estimate grade and value.. satin proof

 

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It is extremely unlikely that you have Satin Proof Peace Dollars there. Satin Proof Peace Dollars are incredibly rare and are worth thousands and thousands of dollars. And you have TWO of them?!?! If you are sure you have TWO Satin Proof Peace Dollars you should send them off to PCGS ASAP. My guess is that you have two Business Strikes, not Satin Proofs.

Based on your photos I would estimate the value of your coins at something around $30 to $40 each.

 

Don't look like stain proofs to me!! I don't find them purdy and would have offered you melt for them ($52).
I don't see anything wrong with the dealers offer.

 

What makes you think they are proofs?

Chris

 

Those aren't proof coins,
Current melt for a silver dollar is $26 and change.
Dealers generally pay under melt and sell at melt.

 

48 bucks from a dealer is a good deal, should have taken it, that's only 2 bucks each under spot, some go much lower.

 

If a dealer offered you anywhere from melt to $40, you should have taken the offer.

These are raw, and not certified as satin proofs, and no dealer in their right mind would pay more than $40 each for these.

FYI, those do not look like proofs let alone satin proofs.

 

"Yeah, hi, I'll have whatever he's smoking, thanks!"

 

He has no obligation to sell.

If he believes they are proofs, by all means he needs to get them certified.

Plenty of people have a complex when it comes to coins they have they think are worth $$$; if they are wrong, that is their problem, if they are right, then they should try to find that top paying dealer but he/she will not pay top dollar unless they are certified.

 

100% NOT satin proofs. Those are just normal business strikes.

 

Also looking at the picture those look like plain 1922 Peace dollars, the most common date. Unless they are in extremely high grade a dealer won't offer you anything above melt.

 

Are there any guides to determining if a 1922 is a satin proof vs regular?

 

But why do they all come here?

 

If you have spent a lot of time and $$ on something won't you want to get the most out of it. I see the same when people try to sell their Hot rods' when i go to the car shows' .

 

Maternity Wards?

 

Considering neither of the coins have the design characteristics of the satin proofs I'd say they are worth about $52.

Get Whitman's Redbook of Peace Dollars by Roger Burdette.

 

Thanks Doug, I didn't know that. I don't collect Peace dollars, or I should say I'm not working on a Peace dollar series at the moment. But that is worth knowing.

 

It's funny how the OP hasn't said another word since his original post. Hey man, don't be afraid to speak your mind. We're only being critical because we don't want to see another guy get a raw deal. And we can understand if you have an emotional attachment to the coins if they were given to you or it was an inheritance. Unfortunately, sentimental value doesn't translate into dollars and cents like you want it too.